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Determine how much cash will increase or decrease

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Q1) Adelphi Company has budgeted activity for March to reflect net income $175,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $15,000 payables to increase (decrease -) by $-17,000 and Depreciation Expense is $46,000. Use this information to determine how much cash will increase (decrease) during the month of March.

Q2) During FY 2018, Adelphi Company reported sales of $400,000, a contribution margin of $6.00 per unit, fixed costs of $120,000, and net income of $20,000. Use this information to determine the number of units Adelphi sold during FY 2018.

Reference no: EM132601403

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